# PPP loan: CPI AEROSTRUCTURES, INC.
> **$4.79M** approved 04/07/2020 · Paid in Full · Loan `6599027003`
## Borrower
- **Name:** CPI AEROSTRUCTURES, INC.
- **Address:** 91 Heartland Blvd, BRENTWOOD, NY, 11717-8330
- **NAICS:** 336413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.79M
- **Initial approval:** $4.80M
- **Forgiven:** $4.85M (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.84M
- **Rent:** $959K
- **Jobs reported:** 277
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*